Managers / Q1 2025
NAPATREE CAPITAL LLC
CIK 0002015964 · 90 BEACH STREET, WESTERLY, RI, 02891 · (401) 868-1115
Summary
Napatree Capital LLC reported $178M in U.S.-listed holdings across 195 positions for Q1 2025.
Its largest position, BRK/A, represents 4.0% of the portfolio.
Compared with Q4 2024, the fund opened 21 new positions and exited 8.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 48.6% · $86M
- ETP · 48.0% · $85M
- Other · 2.3% · $4M
- ADR · 0.5% · $815,082
- REIT · 0.4% · $639,156
- Other · 0.3% · $456,715
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CNXCCONCENTRIX CORP | NEW | +13.2K | 13.2K | +$732,111 | $732,111 |
| J P MORGAN EXCHANGE TRADED F | NEW | +15.9K | 15.9K | +$730,404 | $730,404 |
| FIVNFIVE9 INC | NEW | +24.3K | 24.3K | +$658,523 | $658,523 |
| NXTNEXTRACKER INC | NEW | +13.3K | 13.3K | +$559,029 | $559,029 |
| NOMAD FOODS LTD | NEW | +27.9K | 27.9K | +$548,373 | $548,373 |
| FIRST TR EXCHANGE-TRADED FD | NEW | +5.2K | 5.2K | +$465,949 | $465,949 |
| INGRINGREDION INC | NEW | +3.1K | 3.1K | +$422,531 | $422,531 |
| ISHARES TR | NEW | +956 | 956 | +$345,202 | $345,202 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE MSCI EAFE · EAFE VALUE ETF · CORE S&P500 ETF · CORE US AGGBD ET · CORE S&P SCP ETF · CORE S&P MCP ETF · RUS MID CAP ETF · RUSSELL 2000 ETF · 0-3 MNTH TREASRY · SHORT TREAS BD · CORE MSCI INTL | 13.26% | $24M | 265.1K |
| 2 | SPDR SER TR | PORTFOLIO S&P500 · PORTFOLIO S&P600 · PORTFOLIO S&P400 · PORTFOLIO SH TSR · PORTFOLIO LN TSR · PORTFLI INTRMDIT · BLOOMBERG 1-3 MO | 8.57% | $15M | 349.2K |
| 3 | BRK/ABERKSHIRE HATHAWAY INC DEL | CL A · CL B NEW | 7.04% | $13M | 10.0K |
| 4 | J P MORGAN EXCHANGE TRADED F | HEDGED EQUITY LA · EQUITY PREMIUM | 4.60% | $8M | 139.7K |
| 5 | VANGUARD INDEX FDS | TOTAL STK MKT · S&P 500 ETF SHS | 3.22% | $6M | 17.4K |
| 6 | ISHARES INC | CORE MSCI EMKT | 2.90% | $5M | 95.4K |
| 7 | AAPLAPPLE INChistory → | COM | 2.59% | $5M | 20.7K |
| 8 | SCHWAB STRATEGIC TR | US LRG CAP ETF · US MID-CAP ETF | 2.50% | $4M | 189.8K |
| 9 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.99% | $4M | 22.7K |
| 10 | MSFTMICROSOFT CORPhistory → | COM | 1.87% | $3M | 8.8K |
| 11 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.50% | $3M | 5.7K |
| 12 | NVDANVIDIA CORPORATIONhistory → | COM | 1.16% | $2M | 19.1K |
| 13 | AMZNAMAZON COM INChistory → | COM | 1.12% | $2M | 10.5K |
| 14 | WASHWASHINGTON TR BANCORP INChistory → | COM | 1.07% | $2M | 61.6K |
| 15 | BALLYS CORPORATION | COMMON STOCK | 1.05% | $2M | 151.7K |
| 16 | TMOTHERMO FISHER SCIENTIFIC INC | COM | 0.95% | $2M | 3.4K |
| 17 | JPMJPMORGAN CHASE & CO. | COM | 0.88% | $2M | 6.4K |
| 18 | WMTWALMART INC | COM | 0.84% | $1M | 16.9K |
| 19 | VVISA INC | COM CL A | 0.72% | $1M | 3.7K |
| 20 | RTXRTX CORPORATION | COM | 0.70% | $1M | 9.4K |
| 21 | EXMOCEXXON MOBIL CORP | COM | 0.68% | $1M | 10.2K |
| 22 | VANGUARD WHITEHALL FDS | HIGH DIV YLD | 0.68% | $1M | 9.3K |
| 23 | CSCOCISCO SYS INC | COM | 0.63% | $1M | 18.1K |
| 24 | IPINTERNATIONAL PAPER CO | COM | 0.61% | $1M | 20.4K |
| 25 | JNJJOHNSON & JOHNSON | COM | 0.61% | $1M | 6.6K |
| 26 | VANGUARD SCOTTSDALE FDS | TOTAL WLD BD ETF | 0.59% | $1M | 15.1K |
| 27 | CSG SYS INTL INC | COM | 0.57% | $1M | 16.8K |
| 28 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.56% | $990,528 | 3.2K |
| 29 | HASHASBRO INC | COM | 0.55% | $973,325 | 15.8K |
Filing History
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.